Record highest dividend payout in our 171 years!!

This is a great time to be working with New York Life and a great time to be a policy holder!!

 In 2017, New York Life will pay dividends to participating policy owners for the 163rdconsecutive year.

 Our total dividend payout in 2017 is expected to be $1.77 billion – the highest payout in our company’s 171-year history.

 This represents an increase of 5.4 percent ($91 million) over the amount we expect to pay in 2016 and is up 35 percent since 2012.

 Despite continued record low interest rates, we are holding our dividend interest rate (DIR) steady at 6.2 percent.

 New York Life’s 2017 dividend declaration also marks the first time we are paying dividends on our participating Mutual Income annuities. Income annuities have grown to become a core retirement solution for millions of Americans.

 Paying dividends to participating policy owners is New York Life’s mutual structure in action.  As the nation’s oldest and largest mutual company, we are uniquely aligned with our current and future policy owners; we are not beholden to the interests of shareholders.